The former manager believes that the recent influx of signings has been made possible by the sale of the England winger.
The Reds have already secured the signings of five players before the transfer window has even opened; with Brazilian Roberto Firmino completing his big money move earlier this week.
They are also expected by the likes of BBC Sport to secure the signing of Southampton right-back Nathaniel Clyne at some point in the future, and Evans believes the money is coming from the sale of Sterling.
“If you look at the transfer market and the way it has been with the amount of players Liverpool have bought, [Raheem Sterling’s sale] must be in the equation,” he told talkSPORT.
“I don’t think they would be spending the amount of money they have if they didn’t think Raheem Sterling was already a done deal to somewhere.”
Happy owners but unhappy fans?
Sterling’s transfer saga looks set to be one of the biggest and longest running of this summer transfer window, with an exit from Anfield looking increasingly likely given the reported interest in him.
It would also make sense from a financial view; with the club’s owners being well known advocates of the Moneyball way of managing sports teams and the youngster looking set to command a big fee should he leave.
Whether the fans would be happy with that situation however, is an entirely different matter. While they are naturally keen to see new signings at the club, if that came at the cost of losing one of their prized assets, there would likely be some disappointment.